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To: RealMuLan who wrote (240855)5/15/2003 1:43:05 PM
From: Knighty Tin  Read Replies (2) | Respond to of 436258
 
YZ, First, they write it off. Nobody cares and the stock stays flat. Then they sell it for less than original cost, but, since the cost has been written off, they show huge profit margin gains. The stocks go up. Easy game.